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now. >>> thank you, victor. see you at the top of the hour. one america but two economies. the evidence is mounting, stocks, jobs, housing, recent data show all three are improving big time, but not everyone is feeling it. poll finds 55% say buying stocks right now is good and 43% say a good idea. 69% describe the economy as poor or very poor. only a third say the economy is in good shape and retirement, are you prepared? a survey from the employee benefit research institute asks americans 25 and older and only 13% feel confident they'll have enough money to retire comfortably. it was more than twice that percentage before the recession, 49% those two slices on the left of your screen said they were not too or not at all confident, that's the highest percentage that group has ever recorded. will cain is a cnn contributor and good friend of the show and marc lamont hill, associate professor, stocks are up 10%, in the post crisis world do the rich get rich, and everyone else just runs in place? >> yes because the rich are accessing good information and they know now is a gre
american companies are doing well and the economy is starting to look up, but there's no denying this it rally is in large part fuelled by the fed, which has kept interest rates so low you can't make money anyone other than than the housing and stock markets. to help prop up the down economy, the fed has been pumping money into the system every month in exchange for bonds. that increases the money supply. it drives down interest rates. for awhile now shs the fed's funds rate and other loans that americans use to raise money that be at near zero. the hope is that banks and other lenders will use this cash to lend to consumers and businesses. borrowers will purchase homes and cars or start new businesses and get the economy churning again. it's been working. home prices are rising again due to low mortgage rates. more americans are finding jobs again. it won't stop printing until the unemployment rate dips below 6.5% which means the fed's will be at it until 2015. the flip side to the fed's action is that investors in bonds and interest baring accounts have suffered. it's a low-int
and around the world. i'm fareed zakaria. a great show for you today. first up, the question for the economy. should we save or should we spend? what will get the economy moving faster? i'll talk to the chief proponent of spending. nobel prize winning economist paul krugman. then, the race for space. is america losing? china is building its own space station and the u.s. has to rely on russia to send our astronauts up to the stars. what is going on? >>> and the exploding middle class. in more than seven years it will triple in size to almost 2 billion people. it will change the world. we'll talk about how. >>> but, first, here's my take. those of you who follow the show reg lerly know i have long argued that cutting government spending in the midst of a weak recovery is not a path towards growth. but i have also argued that america does have a debt and deficit problem and we need to take it very seriously. the fact is, the vast majority of our debt problems relate to the costs of health care in america. now that the debate over obama care is over, we should start thinking about how to get am
, the question for the american economy. should we save or spend? what will get the economy moving faster. i will talk to the chief pro-economist of spending paul krugman and then the race for space, is america losing? china is building it own space station and the u.s. has to reeli on russia to send our astronauts to the stars. what's going on? and the exploding issue, middle class. in seven years it will more than triple in size to almost 2 billion people. it will change the world. we'll talk about how. but first here's my take. those of you who followed the show regularly know that i have long argued that cutting government spending if the midst of a weak recovery is not a path toward growth. i have also argued that america has a debt and deficit problem and we need to take it very seriously. the fact is that the vast majority of our problem is related to the cost of health care in america. now the debate over obama care is over, we should start to think seriously of how to get america's health care costs under control. as it turns out a book and magazine story provide ways to think of th
blames israel. >> they want to control gaza, the people, the economy, they want to control everything. >> welcome to the great palestinian divide. ramallah is hardly boomtown but a galaxy apart from gaza. the market is busy. coffee shops are packed. and nine different arab banks compete for customers at this ramallah mall. stan helped build the mall. he says better than gaza isn't good enough. and, again, he blames israel. >> israel now has the leisure to be able to pick and choose how much restrictions it puts on the various palestinian areas, but that doesn't mean that ramallah is not under military occupation. we are very much in a cage. and around this cage is either israeli settlements or military checkpoints. >> he lives here but raised in youngstown, ohio. an american citizen who voted twice for president obama but believes visiting israel and ramallah now is a big mistake. >> coming and going without bringing any kind of political movement is em boldening israel and imboldening israel with this right wing government means more settlement means more collapse for the palestinian
a gloomy new report on the state of retirement savings. >> the recent headlines about the economy as we've talked about have been pretty good but the lingering effect of the great recession is that a lot of americans have had to dip into their savings to get by. and of course that could be a problem in the years to come for many americans. they're supposed to be the golden years. but a new report says retirement like this is way out of reach for most americans who just aren't socking away enough. even with markets near record highs, the confidence workers have in their retirement is low. the employee benefit research institute found that 49% of americans aren't sure they'll be able to retire comfortably and they're not doing much about it. >> it's one of the scariest things is that it is not just that people don't have a lot of retirement savings. it's they don't know what they need. they don't know what they don't have. so, you know, what you would like to see is more people really sitting down with an adviser doing some hard math. instead, people seem to be crossing their fingers and
stand? and israel's minister of the economy is here to answer our questions. >>> plus, mayor michael bloomberg called starbucks ceo ridiculi ridiculist. >>> and the head of colorado's department of corrections answers the door only to be shot down. we take you to the manhunt tonight. let's go "outfront." >>> good evening, everyone. i'm erin burnett. "outfront" tonight with friends like these, well, president obama arrived in israel to day. it was his first trip there as president. everything seemed rosey for a little while between him and benjamin netanyahu. >> and just as we have for these past 65 years, the united states is proudo stand with you as your strongest ally and your greatest friend. >> i want to thank you for the investment you have made in our relationship and in strengthening the friendship and alliance between our two countries. >> sounded so perfect. but then -- later in the day things changed. >> iran is a grave threat to israel, a grave threat to the world, a nuclear iran. the united states is committed to dealing with it. >> each country has to make its own decisi
of america's biggest cities. siemens. answers. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> it is the kind of plot you may find in a spy model, older man falls for a beautiful young women and falls for something and it isn't love. that's what allegedly happens with this defense contractor and former army officer. he is charged with passing nuclear secrets to his chinese girlfriend. here is cnn's brian todd. >> reporter: he is an army reservist with top secret clearance, doing contract work for contract command in ohio. benjamin bishop stands accused of leaking nuclear secrets, weapons, war plans, early warning radar systems. u.s. officials say he gave them to a chinese woman 32 years younger who he was having a relationship with. bishop was arrested and in is in custody. his attorney says this. >> served his country honorably for 29 years. maintains he would never do anything to intentionally harm the united states. >> reporter: is the woman a chinese spy? court documents identify her as person one. 27 years ol
of family relationships than by the parents' sexual orientation. >>> coming up, when will the economy be healthy enough to stand on its own? according to fed chief ben bernanke, not for a while. we'll tell you all about it, coming up next. [ bop ] you can do that all you want, i don't like v8 juice. [ male announcer ] how about v8 v-fusion. a full serving of vegetables, a full serving of fruit. but what you taste is the fruit. so even you... could've had a v8. glass on floors. daily chores. for the little mishaps you feel use neosporin to help you heal. it kills germs so you heal four days faster. neosporin. use with band-aid brand bandages. neosporin. i go to angie's list to gauge whether or not the projects will be done in a timely fashion and within budget. angie's list members can tell you which provider is the best in town. you'll find reviews on everything from home repair to healthcare. now that we're expecting, i like the fact that i can go onto angie's list and look for pediatricians. the service providers that i've found on angie's list actually have blown me away. join toda
for your health if you live in a high supply sexual economy where stds are on the rise or risk unwanted pregnancy. there are reasons celibacy is good for your health. i couldn't find one bit of data being bad for your health. >> i love how you just say it, wendy. that's why you have you have on. >> i just say it. just because you're not having sex doesn't mean you're not ejaculating. you know that. you sleep in a man's body every night. you know how it works. >> okay. not all sex but physical touch is necessary. there are programs for older folks who get things like massage because they need it. right? >> we do know nonsexual touch is one of the best life enhancing thing out there. in my book when i ask girls to get off the hook-up to schedule a massage. they will miss touch. touch is an important thing. we are seeing the rise of pets with single people. we need to reach out and get used to nonsexual touch as a good thing. >> okay. >> there are some now that not only are embracing celibacy, they are hitting the reset button even. they are called born again virgins. talk to me about it.
building and strongest economy? now, an economist named andrew lawrence is behind something called the skyscraper index which shows that the construction of very tall buildings is actually a great way to predict the onset of economic changes. so here's how it works. when a skyscraper begins construction, everybody is all excited, ebuhl yent, right, the country is growing. usually too excited and there is a dramatic plunge in the economic outlook of a country. but according to the index, once the skyscraper has finally finished, the economy will be climbing back. one world trade center will be america's tallest tower when it is completed next year. and even though americans' confidence in the economy is bad, our new tallest building seems to indicate things are looking up. hey, you know, i know it's just one tower. and sure, it's a rather thin hope. but if thein be detection holds true, america's economy is going to be in a way better place, a lot sooner than anybody thought. anderson cooper starts now. >> erin, thanks. good evening, everyone. a very big night tonight, including the
at the forefront of the global economy. israelis understand the value of education and have produced ten nobel laureates. israeli's understand the power of invention and your universities educate engineers and inventors. and that spirit has led to economic growth and human progress. solar power and electric cars and bandages and prosthetic limbs that save lives, stem cell research and new drugs that treat disease. cell phones and computer technology that change the way people around the world live. so if people want to see the future of the world economy, they should look at tel aviv, home to hundreds of start-ups and research centers. israelis are so active on social media that every day seemed to bring a different facebook campaign about where i should give this speech. that innovation is just as important to the relationship between the united states and israel as our security cooperation. our first free trade agreement in the world was reached with israel, nearly three decades ago. today, the trade between our two countries is at $40 billion every year. more personal, that partnership is c
into the economy, until they see things change substantially. and what they're talking about in terms of substantial change is the unemployment rate going down to 6.5%. the federal reserve, they have regular meetings, they give regular statements on what they're going to do. today was one of those regular meetings that was scheduled. we were not expecting a change in rates. obviously with rates as low as they are, the only option will to be raise rates and you don't typically raise rates, wolf, unless you're trying to slow an economy down. if you raise rates, it makes it harder, more expensive for people to borrow money. they spend less. they borrow less. we're not at that point right now. so rates are staying exactly where they were, the federal reserve will continue to print and pump $85 billion into the economy. the way they do that, wolf, is they buy bonds back from banks, treasuries and mortgage-backed securities that gives banks more money to lend to businesses, and individuals for their mortgages or for their business expansion, and that puts more money into the economy. they'r
are actually focused on jobs and economy, erin. they're not focused on the debt. i think you have that captive sort of republican grass root that is focused on the debt and trimming back federal government. and they've captured the sort of republican party. but the vast majority of americans are more focused on the economy and creating jobs and building stable middle class than they are on cutting the deficit. yeah, the deficit is an issue. it's not the number one issue. >> why, boehner do that? we don't have an immediate debt crisis. you would see that in the market, right? so boehner is say ing the truth. it is against what he's been saying which is the debt is a problem. why did he do that? >> he said we need to address it over the long term. that means taking steps now. but here's the thing, he is actually opening the possibility that republicans move to more favorable ground because right now the problem is that republicans are emphasizing have been emphasizing root canal economics, only fiscal austerity rather than a more positive agenda. by conceding the point that we don't have an imme
, knoxville, tennessee, have in common? they have bigger economies than cyprus. it has over a million people. gdp of about 24 billion. but this place is in big trouble right now, because of the issue of debt. what they have is a massive debt. they're spending more than they have, so they're getting a bailout from the eu of about $13 billion. we're going to do this all in dollars, not euro, to keep it all clean here. so, of course, with the bailout comes, as we've seen with other nations, you s as you austerit measures. but the savings tax. essentially, a 6.75% tax on $131,000 and below. you get the picture. if you have $131,000 in the bank right now, and this thing gets approved tomorrow, if that happens, they would come in and take about $9,000 out of your account. even more if you have more. now, the plan is if you do this, you get shares of the bank, and then, jake, when everything gets fixed, theoretically, you get your money back and maybe some more. >> tom, you said cypriots. i said cyprus. >> we'll settle that later. >> thank you so much. >>> also leading money news, how bad are thing
, obviously the global economy would be in jeopardy and that obviously includes u.s. markets. naturally europe is one of our biggest trading partners. but for now investors don't seem to be too stressed. it is a very tiny country. it doesn't have the same impact like say france or germany. plus, we have seen a huge rally in the stock market since the start of the year. major averages up 7% to 10%. you know, it would take a lot to change that. michael. >> be half up on the day already. >> right. and of course big frustration, people can't get to their money from the banks. but then, jim, maybe you have some encouragement. any sign perhaps banks will reopen as early as tuesday perhaps? >> that can only happen if there's an agreement here to save the banks. the restructure, shutdown, whatever you want to call it. and reorganize these banks and europe says, okay, we'll allow the european central bank, think of that like the federal reserve, putting money into these banks just to keep them alive for a few more weeks. the federal reserve of the european central bank says we will shut that money off
no longer control my impulse buys so i think it's good for the economy. they shouldn't be recalling them. they should be compulsory. >> make sure you buy everything nine items at a time. >> i do now, i do. >> lululemon, i stayed out of that. i work out basketball, in an old paint ball t-shirt. >> hope we never see them on rush limbaugh on "the tonight show" hosted by jimmy fallon. >> thank you to both of you. >> thank you. >> they're so funny. >>> this bowl sold for $2.2 million at auction. that's a nice investment. >> we're going to warm up. looking good, good. >> we're going to be putting this device on sanjay and raise the heart rate. >> i'm dr. sanjay gupta, this weekend, how wireless health care could change your life. >> it's very much more sophisticated way to assess somebody's fitness real time and allow them to create a plan around their fitness. >> everything's getting more and more precise, to help you elongate your career or make it the best you cannen. >> i'm continually interested in and fascinated by how much athletes, patients, everybody wants their own data. >> this sund
of his victims. we'll tell you ahead on "360." ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. barrow island has got rare kangaroos. ♪ chevron has been developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> welcome back. spring is just hours away in this half of the hemisphere but winter didn't get the memo. this is how new england is welcominging spring. more snow and a lot of it. a late winter storm forced school closures. the upper midwest hit with another blast of winter. south isn't off the hook either. allison kosik has the latest. >> reporter: the calendar says spring but mother nature is playing by her own rules, dumping about a foot of snow in parts of new hampshire on the last day of winter. >> it's kind of fun because then you can shovel and work out. >> reporter: in concord it
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> everyone knows cable news more opinionated but journalism substantial differences between the news channels. the study finds 85%. approach is obvious to anyone who watches. >> three months after newtown and eight months after the aurora, colorado, shootings in that theater. time to do something. tonight i'm urging you call to your members of congress. >> fox mews, by contrast, 55% opinion and cnn is the only one of the three, according to this study too, air more reporting, 54%, than opinion at 46%. so, gail shister, is that because it's the cheapest? >> it's a lot cheaper to be spout off than it is to actually report it. the thing that gave me pause about the study and i have great respect for pew is how they deaf renshia differentiated between reporting because you can argue that reporting forms opinion and where do you draw the line? i wasn't sure it was in the content analysis that they did for the study. dubious about what was opinion, what was news. no questio
did he do? can you elaborate? >> well, he began thinking about the issue of corruption and the economy and political life in the 1990s when argentina was going through an historic economic meltdown. basically he drew the conclusion that corruption was in some ways the worst kind of sin. his argument is that most sinners at least carry the hope for forgiveness because on some level they recognize they're doing something wrong, whereas people who were on the take who have been bought off feel like they've won the lottery. in this book, it was his attempt to sort of puncture their conscience and say, look. this idea of pursuing individual gain at the expense of the common good is only going to carry you so far and eventually whether it is in this life or the next, you're going to have to answer for this behavior. it is a position that was of course very close to him, near and dear to his heart because of this situation in argentina. i would expect it is going to continue to be a mayor theme of his papacy. >> will it give us insight into how this new pope will deal with say corruption or e
of that was the contribution that, well, we didn't have secure borders and at a time when the economy is cratering, all of a sudden it became a very dark process, we're eating our own tail. more jobs for immigrants may have meant less jobs for someone else. and the way you lead yourself out of that is, no, no, everyone has something to con tribute. let's get an immigration process that brings people who want to come here, who want to become americans, who want to contribute to this country not take from this country. and that's always been the republican message. fortunately, they allowed a few republican media consultants to stay. i'm happy about that. but our problems are bigger than just hispanics or women or young voters. our problems are that as a party, you're supposed to lead people over the horizon to a better place. and we for got that. we thought our principles were just good for saying no, to be the brake pedal on the car, not to get our hands on the steering wheel. but you're seeing that change. these past couple of weeks, you saw change in the cast of characters in the republican party. it
economy. it's to create faster economic growth, to get jobs. you have to reform government to do that. >> well, on the medicare issue which is maybe the most sensitive issue out there, are you saying there are democrats who support your plan, which democrats describe as creating a voucher for medicare recipients? >> it's not a voucher program. it's called premium support and is an idea that originated from the brooking institutions from democrats to begin with. it is an idea i used to work on with alex ridlin. it's exactly just like the idea i worked with ron wyden the senator from oregon last year on. the point is good people from both political parties can lick this problem in the future and come to a solution and that is what we're proposing. our solution by the way, wolf, doesn't affect benefits of anybody in or near retirement but puts reforms of the program so we can make it solvent for the next generation like mine and our kids. we think it is the best idea for saving and strengthening medicare. we think the medicare board that will be put in place because of obama care is goin
the american academy of pediatrics. stay with us. (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. >>> welcome back to "starting point." no plea deal for major nidal hasan, charged with killing 13 people at the ft. hood military base. he was willing to plead guilty under certain conditions, but the court-martial judge rejected those. >>> the american academy of pediatrics is coming out in support of same-sex marriage. the academy announced its support in a ten-page report. it studied scientific literature from the past four years and found that children's well-being is affected much more by the strength of family relationships than by the parents' sexual orientation. >>> nbc says it is building a new studio in new york
for the world economy. up next. the capital one cash rewards card gives you 1% cash back on all purchases plus a 50% annual bonus. and everyone wants... ♪ 50% more doo wop ♪ 50% more buckarooooooooos ♪ 50% more yeeeaaahhhh!!!! ♪ 50% more yeah yeah [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase, plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. ♪ 50% more boogie ♪ what's in your wallet? cashhhhh!!! ♪ what's in your wallet? they're coming. yeah. british. later. sorry. ok...four words... scarecrow in the wind... a baboon... monkey? hot stew saturday!? ronny: hey jimmy, how happy are folks who save hundreds of dollars switching to geico? jimmy: happier than paul revere with a cell phone. ronny: why not? anncr: get happy. get geico. fifteen minutes could save you fifteen percent or more. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention o
our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> look out broadway. here comes tom hanks, hollywood's number one leading man, on the great white way for the first time ever. >> i don't think you can be an actor and not want to at some point be on broadway. >> how is he feeling on the verge of his big broadway debut? >> it's the hardest, most fun work you can imagine. >> tom hanks with the all-star cast of "lucky guy." >> can we get back to talking about me, please? >> tonight, they spill his secrets. what is the worst thing you can tell me about tom hanks? you do kiss tom hanks. >> several times. >> is he a good kisser? >> yes. >> how good? >> so-so >> he answers the question i just had to ask. how many times have you been properly in love in your life? tom hanks remembers nora ephron, the writer of "sleepless in seattle," "when harry met sally." >> nora is one of the most amazing people in the world. >> tom hanks, truly a lucky guy. this is "piers morgan live." >>> tom hanks. that was a good start. >> i love it. my god. that's scary. ye
's key in the partnership. jordan is dealing with a bad economy and a flood of refugees from nearby syria. update you on any developments from the conference by president obama and king abdullah. >>> all right, the national rifle association is taking its fight against tighter gun control laws to court. the nra's new york state affiliate has filed a federal lawsuit challenging a gun control law signed by governor andrew cuomo in january. it strengthens the state's ban on assault weapons, limits ammunition magazines to seven bullets and tightens rules designed to keep the mentally ill from getting weapons. the nra says the state passed the measure with no committee hearing and no public input. >>> john lennon's widow is using social media to take aim at gun violence. yoko ono tweeted this picture along with several pictures including this one promptly retweeted by president obama's twitter account. it proclaims "over 1 million 57,000 people have been killed by guns in the u.s. since john lennon was shot and killed on 8 december 1980. >>> and just a few days after two teens in steubenville,
a banking collapse that could impact other world economies. right now the european union chief is trying to get a last-minute deal together. >>> on tuesday and wednesday the u.s. supreme court will hold hearings on same-sex marriage challenges. proposition 8 and the defense of marriage act. people are already camping out mere the supreme court in washington to get in to the hearings. on thursday, we will find out which cars get a world car award. winner in power categories announced at the new york international auto show. shout-outs go to best all-around, best performance, green cars, and best design. that's going to do it for me. see you throughout the week p much more straight ahead with don lemon. >>> no golf for you. i want to you take a look at this. this is a pga course in orlando where tiger woods was leading before mother nature put the smackdown on it. the weather is severe in many parts of the country today. ridiculous storms here. blizzard there. live from snowy dayton, ohio in just a moment. speaking of tiger, if he wins tomorrow, he will be the new number one golfer in the
of micro economy or cottage industry of accessories that is really exploding. what you're seeing is tons of entrepreneurs, investors really thinking that this industry and everything around it could really be the next big growth industry. you have people that really aren't in this for any benefit other than just the financial which is different from i think what we've seen in the past. so it's really fascinating. >> lee, medical marijuana. that's been legal in 18 states but it seems as though the tipping point is this legalization of marijuana in colorado and washington last year. why was that a game changer? >> that's true. that was a breakthrough of an entirely different order. even though it was just two states, what happened there was they basically, two ballot initiatives basically made it legal for use of any kind, medical or whatever, and it also required that states would regulate and license businesses, commercial businesses to be able to sell it and to really regulate it. so basically taxed and regulated the industry. this is much more different than even what is the case in pl
really matters to what is happening in europe. cyprus, 0.2% of the euro-zone economy. it's banking sector accounts for mostst economy. what is happening there has wall street's attention because of the precedent it may set for other struggling nations. also, russian business has about $19 billion in cyprus. that's according to mootiedy's. wall street happy with the plan in place right now. it's also the last week of the first quarter. check out your investments this morning. if you haven't looked in a while the you'll be pleased. the s&p 500 is up more than 9% over the first three months of 2013. you can see the rally took off from november of last year. 9% will be a solid return for the entire year. but it's happened only in the first three months of this year. the s&p 500 is up 11% over the past year overall. over and over, when is this going to end? that is nearly impossible to preticket. there is one ratio that wall street looks to and it shows that prices are still fairly valued right now, maybe even cheap at least historically speaking. look at this. this is something that measures
into this country from syria dominated the discussions. king abdullah has a country with a tough economy to begin with. they've spent nearly $1 billion. they say they are approaching half a million syrian refugees and they think it will keep getting worse. the president promised about $200 million more. the united states is already giving quite a bit of money to the syrian refugee crisis but he promised to ask congress for $200 million more. most of the effort was on the refugee crisis here, although jordan has a very good intelligence service. the president and his national security team also comparing notes with the king and his team about the big questions about chemical weapons and the king's assessment of how long assad can hang on. >> all right. on king, thanks. >>> there's a lot more happening tonight. randi kaye is here with the "360" bulletin. >>> authorities in virginia are not disclosing a motive in last night's deadly shooting at the marine corps base. officials say three marines are dead including the suspected gunman. he died of an apparent self-inflicted gunshot wound. the incident
that relies on government money. >> we know we're going to lose probably $4 or $5 billion in the local economy and they are going to continue next year as well. >> reporter: they are still hoping congress will act and fast. >> congress, get it together and let's do it tomorrow. let's do it it really soon. you're talking 14 days out of my life i will not get paid for. >> reporter: athena jones, cnn, washington. >>> heartbreak this morning as authorities try to figure out what caused an airport flight display board to collapse on a family. the freak accident killed a 10-year-old boy critically injuring his mother and hurting his two brothers. it happened in a new section of the birmingham airport in alabama. it took six men to lift the sign. larry snider was one of them. >> the family was crushed. the little kids crushed underneath the sign. and everybody was scattering to lift it up. i helped lift it up and pull people out. >> the family was returning home to kansas from spring break in florida. >>> a wild police chase and shootout that ended in texas jump starting a complex murder investigatio
&p capital iq is with us. good to see you, sam. cyprus, a very small economy. one of the smallest in europe. but how could those shockwaves kind of cross the waters and affect the americans here? >> well, i think basically because of the uncertainty that could come from them and what kind of an impact we could see that resonates in italy, in spain, in portugal because if we find that a lot of the depositors are likely to get hit with a penalty, a tax of up to 7% if they have less than 100,000 euros, then the worry is that the smaller depositors in these other countries would be hit as well and that would be a negative. >> if they do reach a deal what kind of reaction do we spent from the markets? >> i think we get a sigh of relief that cyprus would not end up leaving the euro, that we would not have a contagion move into these other peripheral nations around the mediterranean and then wall street could focus on the economic reports that are coming out this week all of which look to be pretty good. >> shifting a gears a little bit, we'll see new numbers this week on something called durable
the recession that follows on as they try and make the economy back on track. this was done because some european countries believed to be the fins and germans and other northern european countries wanted to make sure they were not seen as bailing out rich russian who have accounts in cyprus. or indeed they now felt that people had to pay their part of the pain. but it was not done in ireland. it was not done in portugal. it was not done in greece. and with the prospect of possibility of spain and italy, you can see -- i cannot find, michael and suzanne, i cannot find one economist or banker that i've spoken to today that says this was a good idea. everybody agrees it was a pretty awful policy. >> let's bring in alison. i want you to weigh-in on the conversation here. we're looking at the u.s. markets. looks like it's down by eight points or so. what is the impact do you think in the united states? >> it's actually come back a long way, hasn't it? >> michael, it really has. you saw the knee-jerk reaction right when the bell opened the dow dropped as much as 110 points. obviously it's com
americans organize to make their voices heard on gun control, the economy and rising income to demand change on these urgent issues? take up the gun control thing. what can the american public, the majority of whom want an assault weapons ban, a universal background check, et cetera. what can they do if their politicians are simply too cowardly to act on their behalf because of the power of the nra? >> people are going to have to let politicians know they are going to be voted out in the next term. if they are not afraid of the electorate they will never do the things they need to do. we have lots of examples of when people do rise up. when people's voices are heard loudly. these politicians are just as frightened and back off. the politicians need to be reminded there are 5 million members of the nra and 303 million americans who are not members of the nra. wayne says there are 100 million americans who own a gun. 200 million don't. we are the majority. >> the majority though is being outgunned, you might say, quite literally by the nra. the minority have the biggest voice in the debate. th
, the economy comes to life. norfolk southern. one line, infinite possibilities. try align. it's the number one ge recommended probiotic c" that helps maintain digestive balance. ♪ stay in the groove with align. ♪ need help keeping your digestive balance in sync? try align. it's a probiotic that fortifies your digestive system with healthy bacteria 24/7. because your insides set the tone. stay in the groove with align. >>> three years ago, the scene after at fukushima nuclear plant in japan. recall the earthquake and tsunami hit the area, waves knocked out cooling systems to reactors leading to meltdowns at three of them. >> that's right, tens of thousands of people evacuated and they still have not been able to return to their homes. last night a power outage hit the same nuclear plant, and now crews are working to restore some of the cooling systems. >> want to bring in chad meyers. help us understand how the cooling systems work and how dangerous this potentially. >> is a closed system, water pumps in and out of a reactor, the core here is not acting at all but talking about the pool
to take for cyprus' economy to recover from this? >> very good question. that's what a lot of people were really worried about whether or not what's happening there could happen in other places. >> we saw in europe seizain was saying hang on this might have longer term implications and reigned back a bit. zain, thanks so much. zain asher there. >>> secretary of state john kerry dropping in to meet with president hamid karzai. announcement coming at a time of tension as you can imagine between president karzai and coalition forces and u.s. forces in afghanistan. >> those tensions escalated this month after a bomb blast in kabul that killed nine people, kerry and president karzai just wrapping up a news conference actually. we'll update you on any developments from that. >>> also in afghanistan today another sign that u.s. involvement there is now winding down. the united states handed over full control of a prison near bagram air base to afghan authority. >> the transfer announced a year ago was supposed to take place within six months, but tensions with president karzai and concerns about
skidding by in this tough economy. >> keith ellison, thank you very much for coming in. >> thank you. >> democratic congressman from minnesota. >>> up next, a surprise for president obama. what our latest poll shows about his job approval. >>> then, an insider from the bush white house is spilling the beans about the march to war in iraq ten years ago. the former bush speech writer is here live. zap technology. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on his portfolio. and with some planning and effort, hopefully bob can retire at a more appropriate age. it's not rocket science. it's just common sense. from td ameritrade. >>> if there was ever a second term honeymoon, it looks like it's over. president obama's j
understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. mommy's having a french fry. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your daily vegetable servings in every little bottle. >>> smoke rose over baghdad today on this the tenth anniversary of the u.s. invasion. there were 17 car bombings and seven roadside bombings in iraq. at least 53 people died. cnn's standing by live in baghdad. we'll get to her in a moment. first a quick look back. ten years ago today, i was in kuwait reporting on the start of the iraq war. the bush administration insisted saddam hussein had weapons of mass destruction. we were told to be prepared for the worst. and we were. we've been given these backpacks with a lot of protective gear. among other things, in case of the worst case s
that it will stay the course, staying the course, of course, means pumping money into the american economy especially concerns about a possible bailout in cyprus flare up. summer won't come soon enough for twinkie lovers. you know who you are. a bankruptcy judge approving hostess' sale to two investment firms and bringing twinkies, ho-hoes and ding dongs back from the dead. the deal said to be worth $410 million. the new owners hope to have twinkies and its snack cake brethren back on your store shelves by summer so you can stop with the locked door in your office and your stash. you'll be able to replenish it soon. and think you can trust labels at the shopping mall? think again. some clothing labeled as being made with fake fur was actually made with real fur. neiman marcus resolve clothing and dr. j.'s dotcom are settling false marketing charges with the federal trade commission. the retailers will not pay any fines but do promise to label all their products correctly going forward or face penalties. imagine if you were going to buy a pair of flats for example, this was a brand-name sli
positive force for the economy. it's due in part to a drop in foreclosures and near record low mortgage rates. a decline in the national unemployment rate is also a factor. >>> and harrison ford is hinting that he could be returning to "star wars." as the legendary hans solo. the 70-year-old actor was asked by cnn's chicago affiliate wgn whether he is reuniting with original castmates for "star wars" episode seven. this is what he said. >> i think it's almost true. i think right now i'm looking forward to it. it's not in the bag yet but i think it's happening. >> almost true is how he puts it. so far lucas films is neither confirming nor denying whether the actors will officially make the return. >> amazing. i'd go see it. >> i would. you could see sort of hans solo, harrison ford through the years and such so it'll be interesting to see what roles they play in this new movie. >> be looking forward to it. thanks, lisa. >>> up next, the new jersey governor chris christie is forced to take sides in a heated debate over banning so-called gay conversion therapy. the pressure on the rising g
policies every single day. >> reporter: cruz tells cnn the law will put the economy in critical condition. >> the economy is not growing and implementing obama care now raises a very real possibility we will push this nation into a recession. i'm trying to make the case -- >> reporter: you are saying the president's health care law will cause recession. it could very well. we've had more than 35 separate votes in the congress about that and we've always upheld the affordable care act. >> reporter: democrats argue republicans should just stop. noting the law has not only survived a challenge to the supreme court but also former presidential candidate mitt romney. >> i will repeal obama care. and i'll stop it in its tracks on day one. >> reporter: the gop budget that passed the republican controlled house also includes a repeal of obama care. congresswoman michele bachmann warned the health care law is a killer. >> let's repeal this failure before it literally kills women, kills children, kills senior citizens. let's not do that. >> but it seems it is the law that can't be killed almost lik
: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. we make meeting times, lunch times and conference times. but what we'd rather be making are tee times. tee times are the official start of what we love to do. the time for shots we'd rather forget, and the ones we'll talk about forever. in michigan long days, relaxing weather and more than 800 pristine courses make for the perfect tee time. because being able to play all day is pure michigan. your trip begins at michigan.org. >>> happening right now, prosecutors in italy making their case before that country's highest court to retry amanda knox for murder. >> the american student has been free since an appellate court overturned her conviction in the deadly stabbing of british student meredith kercher back in 2007. the one-day hearing could also free knox of slander charges which would free the way for her to sue her accusers. cnn's ben wedeman is live in rome with the very latest. good morning, ben. >> good morning, christine. the supreme court began listening to the case of amanda knox
and local government levels. and throughout he understands that our economy works best when the middle class and those working to get into the middle class have the security they need on the job, a democratic voice in the workplace, everybody playing by the same set of rules. tom's knowledge and experience will make him an outstanding secretary of labor. and there's plenty of work to d. we're going to have to work very hard to make sure that folks find jobs with good wages and good benefits. we've got to make sure that our veterans who are returning home from iraq and afghanistan have a chance to put their incredible skills and leadership to work at home. we need to build an immigration system that works for every employee and every family and every business. i'm confident that tom's going to be able to work to promote economic growth, but also make sure that that growth is broad based. and he's going to be an sbre gal part of our team. these are a few of the families are facing and where they need an advocate and tom's the right person for that job. so i hope that the senate will act swiftl
the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses with the bing it on challenge to show google users what they've been missing on bing. let's bing it on. [fight bell: ding, ding] how many here are google users? what if i was to tell you that you would actually like bing way more than google when it came to the results? prove it. let's look up some taco places. i like the left side. yeah? okay, do we need to find out what the waves are like down at the beach? what side do you like better? i like the results on the right. i'm gonna go with the one on the left. oh! bing won! people prefer bing over google for the web's top searches. don't believe it? go to bingiton.com and see what you're missing. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive ca
' tax and spend, you get the same economy that you've had right now. you're going to lose more of your paycheck which every person working today has. >> all right. so another thing happening at the white house here. the easter egg roll might be spared from this government gridlock. all this started when ticket holders to the annual event were told it could be cancelled if lawmakers cannot agree on a plan to prevent the government from shutting down. this year's easter egg roll set for april 1st. looks like it's going forward as planned. we know it's a fun event. a lot of people look forward to taking their kids, getting tickets. it would be a sad loss especially d.c. kids, folks in the area. how did this happen? >> reporter: i don't know if people would have worried that the easter egg roll, which is a fun day of games and of course the easter egg roll is part of it for the kids i done flow that people would have worried it was going to be canceled except that the white house earlier this month had said it was going to cancel tours of the white house through the end of september to sav
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